If the cost price of 10 pens is equal to the
selling price of 8 pens, find the gain or loss
percentage.
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Answer:
cost of 1 pen =1
cost of 8 pens=8
cost price is less then selling price.
profit=sp-cp
profit=2
profit%=profit/cp×100
profit%=2/8×100
100/4
Ans=25%
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